First Financial Holding Co
First Financial Holding Co., Ltd., commonly referred to as First Financial, is a prominent financial services provider headquartered in Taipei, Taiwan (TW). Established in 2002, the company has rapidly evolved to become a key player in the financial industry, offering a diverse range of services across banking, insurance, and investment sectors. With a strong presence in Taiwan and significant operations in Asia, First Financial is renowned for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. The company’s core offerings include retail banking, wealth management, and insurance products, distinguished by their customer-centric approach and advanced technology integration. First Financial has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable practices, solidifying its position as a trusted leader in the financial market.
DitchCarbon Score
How does First Financial Holding Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
First Financial Holding Co's score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Financial Holding Co's reported carbon emissions
In 2023, First Financial Holding Co., Ltd. reported total carbon emissions of approximately 15,000,000 kg CO2e across all scopes. This includes 2,809,000 kg CO2e from Scope 1, 16,431,000 kg CO2e from Scope 2, and a significant 12,925,535,000 kg CO2e from Scope 3 emissions. The total emissions from Scope 1 and 2 combined were about 19,240,000 kg CO2e. The company has set ambitious carbon reduction targets, aiming for a 50% reduction in carbon emissions from a 2005 baseline by the year 2050 for both Scope 1 and Scope 2 emissions. Additionally, First Financial Holding Co. plans to achieve a 20% reduction by 2030 from the same baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and are part of their commitment to net-zero emissions by 2050. First Financial Holding Co. has also committed to covering 17% of its total investment and lending by total assets as of 2022 under its portfolio targets. This includes required activities making up 18% and optional activities 49% of their total investment and lending. Overall, First Financial Holding Co. demonstrates a proactive approach to managing its carbon footprint and addressing climate change through clear targets and commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,464,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,687,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First Financial Holding Co is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
